BGP.NZX

Briscoe Group Limited

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About Briscoe Group Limited

Briscoe Group (BGP) has two dominant chains which are market leaders. The company has reported strong earnings growth over the past five years and is outperforming its peers. Looking forward, we expect a more modest growth outlook as the macro drivers weaken and the retail landscape becomes more competitive for discretionary retailers. BGP is trading around our view on fair value and valuation multiples for a retailer with a low to mid-single digit growth outlook.

Forsyth Barr Analyst

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10:44 May 27th 2019 NZST

3.34 0.0%

3.34 Buy

3.42 Sell

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